this post was submitted on 07 Sep 2026
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Work Reform

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[–] GreenShimada@lemmy.world 2 points 2 days ago

I appreciate your perspective here, and to be fair, I'm open minded as to what sorts of reforms the West needs to be more sustainable. For a while there seemed to be both a sense of decorum and maybe even morals, plus regulations, that help back unfettered pursuit of wealth for wealth's sake. Personally, I think that the tech industry and finance broke that down, and with the bar set to "get it all as fast as you can," the wheels are off the cart for both a system that used to work OK-ish for many people (certainly not all).

At this point,

Like this - at what point did things work well? It wasn't a long time, historically speaking. I'm guessing based on mention of a damp, cold house you're from the UK or Ireland, and it's really just within our life times that things were working mostly OK for some, and now it's fallen apart. I'm not challenging you on this, I agree. But I'm also wondering if we're going to look to some point in the past when things did work, when was that? A decade or so? A few years? Was it when we were kids and didn't understand the bad stuff going on?

My personal gripe is that "capitalism" simply means that someone with a business takes their profits and re-invests them back into the business. Growth isn't a requirement - it's what large businesses focus on. That re-investment could be better wages for workers, or better health insurance, or nicer desks and chairs and table tennis in the break room. Growth as the goal is a choice. Also, a lot of people focus entirely on a handful of large businesses doing this. Most businesses in the UK AND the US are small businesses. Literally 99.9 % of American businesses are employ less than 50 people. Almost half of Americans work at small businesses, and they're more than half out GDP. So when 0.1% of the businesses are predatory and problematic, but also command 40% of our GDP - it seems like a touchy problem, but a solvable one.